Course Content
Probability Distributions
Probability Distribution – Binomial, Poisson, Normal, and Exponential
0/3
Facility Location and Layout
Site Selection and Analysis, Layout Design and Process
0/3
Probability Distribution – Binomial, Poisson, Normal, and Exponential
Probability Distribution – Binomial, Poisson, Normal, and Exponential
0/4
Data Collection & Questionnaire Design
Data Collection & Questionnaire Design
Sampling: Concept, Process, and Techniques
Sampling: Concept, Process, and Techniques
0/2
Hypothesis Testing: Procedure
Hypothesis Testing: Procedure
0/2
T, Z, F, Chi-square tests
T, Z, F, Chi-square tests
0/2
Operations Management: Role and Scope
Operations Management: Role and Scope
0/1
Facility Location and Layout: Site Selection and Analysis, Layout Design and Process
Facility Location and Layout: Site Selection and Analysis, Layout Design and Process
Enterprise Resource Planning: ERP Modules, ERP Implementation
Enterprise Resource Planning: ERP Modules, ERP Implementation
Scheduling: Loading, Sequencing, and Monitoring
Scheduling: Loading, Sequencing, and Monitoring
0/4
Quality Management and Statistical Quality Control, Quality Circles, Total Quality Management – KAIZEN, Benchmarking, Six Sigma
Quality Management and Statistical Quality Control, Quality Circles, Total Quality Management – KAIZEN, Benchmarking, Six Sigma
0/3
ISO 9000 Series Standards
ISO 9000 Series Standards
Operation Research: Transportation, Queuing Decision Theory, PERT/CPM.
Operation Research: Transportation, Queuing Decision Theory, PERT/CPM.
0/6
Unit VIII: Business Statistics and Operations Management

Decision Outcome –> Decision Model

a. Grouping of products → iii. Aggregate Planning

Aggregate planning involves grouping products into families or categories to plan production and capacity over a medium-term horizon.


b. Allocation of job tasks → iv. Assignment Model

The assignment model is used to allocate jobs or tasks to people or machines in a way that minimizes cost or maximizes efficiency.


c. Evaluating facility location → ii. Transportation Model

The transportation model helps in evaluating facility location decisions by minimizing cost of transporting goods between plants, warehouses, and markets.


d. Demand forecasting → i. Delphi Method

The Delphi method is a qualitative forecasting technique that uses expert opinions and feedback to estimate future demand.